Las Vegas Raiders sign Ts Joshua Miles

Joshua Miles' signing earns a C+ Contract Value Index (CVI), reflecting a depth-chart move priced appropriately for a backup offensive lineman in the preseason market. At $1.215M on what appears to be a non-guaranteed or minimal-commitment deal, the Raiders are paying replacement-level wages for a reserve tackle — a sensible cost structure for a team sitting at 3-14 and focused on foundational rebuilding rather than immediate contention. The modest AAV suggests Las Vegas views Miles as organizational depth rather than a starter, which tracks with typical late-August signings designed to fill roster spots without long-term cap commitment. The CVI grade sits in the middling range because there's no inefficiency to exploit here — the Raiders are neither overpaying for a depth piece nor securing a hidden bargain; they're simply filling a need at market rate. With the regular season 91 days away and the Raiders' focus likely on evaluation and development, this signing carries minimal upside and minimal downside, making it exactly what it looks like: a low-stakes roster decision that won't move the needle in either direction.